Africa Oil Releases Financial Results for Q3 2023

Africa Oil Corp. has announced its operating and interim condensed consolidated financial results for the three…

Nigeria, Saudi Partner to Boost Tech in Oil and Gas Sector

The Federal Government and the Kingdom of Saudi Arabia have signed a deal to boost technical…

NNPC Restores 275,000bpd of Oil, Resolves Workers Strike

NNPC Ltd restored 275,000 bpd (barrels per day) at its joint venture with Total Energies, resolving…

NCDMB Invests N46.8bn in 11 Oil and Gas Firms in 2020/2021

A new report recently released by the Nigerian Extractives Industries Transparency Initiative (NEITI) has shown that the…

Westmount Energy Projects High Investments in Oil Sector

Westmount Energy Limited projects investment in the oil sector ‘upstream’ segment to reach its highest level…

Global Oil and Natural Gas Demand to Rise for Decades

Woodside Energy Group, a key supplier of fossil fuels to the Australian region, has said the demand for…

Saudi Arabia, Russia to Continue Additional Voluntary Oil Cuts

Major oil exporters, Saudi Arabia and Russia, have confirmed that they would continue their additional voluntary…

NNPC to Supply Dangote Refinery with Crude Oil

The Nigerian National Petroleum Corporation (NNPC) Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery…

Indonesia Launches Commercial Palm Oil Blended Jet Fuel Flight

 Indonesia successfully operated its first commercial flight on Friday using palm oil blended jet fuel. The…

Brent Oil Hits $90 Amid Israel-Hamas Conflict

Brent oil futures rose above $90 a barrel today after passing the threshold on Friday. This…